Tags: miller tabak | matt maley | high | dividend | stocks

Miller Tabak Strategist Matt Maley: 3 High-Dividend Stocks to Buy

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Friday, 02 November 2018 01:01 PM

Miller Tabak equity strategist Matt Maley recently suggested three high-dividend stocks in investors’ seemingly endless hunt for robust returns.

He says a stock has to have three qualities for him to see it as a good high-yielding opportunity, CNBC.com explained.

The company must first pay a healthy dividend. The second factor is if the company has increased that dividend during the years. "Then the third one, especially in this type of scenario where the market has been sold off quite a bit, I look for stocks that are oversold and can give you a nice bounce," Maley recently told CNBC's "Trading Nation."

Maley says two energy stocks, Chevron and Exxon Mobil, fit the bill.

"Those aren't the sexiest names in the group and may not give you the most capital appreciation, but they both yield more than 4 percent and they both have increased their dividend every year for more than 30 years," he said. "They're getting quite oversold and actually they're starting to turn up just over the last couple of days."

Maley also likes consumer staples stock Kimberly-Clark as a high-dividend pick. It yields 3.8 percent and the company has increased its dividend every year for 45 years, CNBC.com explained.

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Miller Tabak equity strategist Matt Maley recently suggested three high-dividend stocks in investors’ seemingly endless hunt for robust returns.
miller tabak, matt maley, high, dividend, stocks
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2018-01-02
Friday, 02 November 2018 01:01 PM
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